GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Per Capita Income of a country derived from-
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National Income
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Population
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Natioanl Income and Population both
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None of these
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Explanation:
Detailed explanation-1: -Per capita income is used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country’s national income by its population.
Detailed explanation-2: -Definition: Gross national income divided by mid-year population (or population size if mid-year population is not available).
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